Even the most promising future can change drastically by a life-threatening event. A healthy individual may require around-the-clock care and supervision after an accident, creating the need to solve complex financial planning problems.

Unfortunately, very few professionals are well versed in this highly specialized area of planning. The results of an improperly designed plan can be devastating for beneficiary children with disabilities.

Denial and lack of cooperation from a mentally ill person can make treatment, caring and financial planning more difficult.

David and Jane have been unwavering in their love and commitment for their three children. All are cognitively impaired and will need care and supervision for the rest of their lives.

This article describes the components necessary for special-needs planning.

When parents start the planning process for a child with special needs, they usually work under the perception that if they create a special needs trust, the child will be taken care of and the needs will be met. Unfortunately, creating a trust does not ensure that.